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Cost gap for Western renewables could narrow by 2025

2013-08-28 03:17:00| Climate Ark Climate Change & Global Warming Newsfeed

ScienceDaily: A new Energy Department study conducted by the National Renewable Energy Laboratory (NREL) indicates that by 2025 wind and solar power electricity generation could become cost-competitive without federal subsidies, if new renewable energy development occurs in the most productive locations. The report, "Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West," compares the cost of renewable electricity generation...

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